Hand & Arm Protection (PPE) Market Size

Hand & Arm Protection Market Size

Hand & Arm Protection Market size was valued at more than USD 14 billion in 2021. Driven by rising demand for automobiles due to shifting lifestyle choices, the industry is expected to grow at a 6.5% CAGR from 2022 to 2030.

To get key market trends

  Download Free Sample

The constantly expanding oil & gas industry is speculated to spur the demand for hand and arm protection gloves to protect workers against health hazards. Rapid industrialization is boosting the demand for oil and gas for varied end-use industries, thereby propelling the hand & arm PPE industry growth. For instance, the North American oil & gas contracts by volume in December 2021 were around 79 and this number is anticipated to grow immensely in the years to come with the constant increase in demand for oil from diverse sectors.

Moreover, government efforts to maintain workers’ safety in hazardous industries are set to foster the market outlook. Recently, during the COVID-19 outbreak, companies supported the government in curtailing the spread of coronavirus by supplying protective gloves and PPE kits to prevent exposure to the virus. For instance, in March 2020, Semperit AG Holding, an Austrian polymer and plastic products manufacturer, supported the Austrian government with its Glove-liner initiative by delivering 60 million protective gloves for medical personnel in the country.

Significant presence of counterfeit products may restrain industry progression

Low quality and duplication of products are restraining the hand & arm PPE market growth. A wide range of counterfeit gloves available across the globe is hindering business expansion. These low condition & duplicate products are hampering the consumption of high-quality hand and arm protection gloves. Nonetheless, companies from the industrial and medical sectors are engaging in organic partnerships with industry players to develop efficient products, which is set to help them overcome this issue.